1 Trillion Dollars in capitalization! Will DeFi succeed where Bitcoin (BTC) has failed? – Cryptocurrencies

Will DeFi manage to do better than Bitcoin

Bitcoin forecast (BTC) at $ 500,000 or a BTC at $ 1,000,000, that’s fine. Nonetheless, with BTC stuck in the $ 11,000- $ 12,000 zone, hopes for a crypto sector with a market cap of – wait i count – 19 figures now turn to DeFi. Another crazy bet in the cryptosphere?

The DeFi of longevity

If it’s a bubble then it’s huge. We can blame what we want with the Challenge But, she is in great shape and no one could say otherwisein any case, without risking being called hate.

The Total Value Locked (TVL) of the Challenge today reached the $ 7.38 billion, the marketcap of the top 10 DeFi projects has crossed the $ 15 billion mark.

The market once dominated by Maker (MKR) saw the emergence of new actors like Compound, Curve Finance, Aave and Synthetix.

Is the bubble going to explode or does DeFi still have many beautiful and very, very long years ahead? The investment firm’s estimates Techemy go in the direction of DeFi in its early years and its TVL may well exceed several trillions of dollars.

Techemy has been in cryptos since 2012 and, has been invested in DeFi since 2017; the firm initially referred to the influx of capital with the ERC20 standard as “a digitization of value that would stretch over several years.”

In 2019, the firm plans a DeFi with a TVL of 5 billion dollars in 2020 – what is done !

Image from DefiPulse showing key DeFi world statistics as of September 2, 2020

DeFi: this monster that swallows everything in its path

Techemy now plans a much more impressive DeFi, with a TVL of 5 trillion dollars.

The cabinet recently revised his projections on the growth of DeFi : by superimposing the current data on a logarithmic scale with those of the existing major protocols, an S-shaped progression curve is clearly drawn.

Techemy Capital 5 thousand billion dollars DeFi

Theinfrastructure underlying sector would be one of the main factors driving this growth; Added to this is the usefulness of DeFi which materializes in stablecoins, the DEX, the Automated Market Makers (AMM), derivatives or the so-called second layer solutions.

As DeFi’s tools develop and replicate those of the traditional financial sector, its TVL will continue to increase.

For Techemy, DeFi is developing “like a vortex that sucks up everything that enters its gravitational field”.


Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.

Undressing traditional finance to dress DeFi: is the end of one the necessary condition for the success of the other? 5 trillion market cap: the course has been set, but the journey can still be long and strewn with pitfalls.


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